Define: Third Party IP Right
What does "Third Party IP Right" mean? The meaning differs based on the contract. We found 2 definitions across 1 company in SEC filings.
Definition 1 (Tesla, Inc., seen in 1 filing)
Third Party IP Right means any claim by a Sub-tier Supplier against Tesla relating to goods or services provided to Supplier; or the actual or alleged infringement or misappropriation of patent, copyright, trademark, trade secret rights, confidential information, proprietary rights, or other rights of a third party.
Source: Tesla, Inc. S-1
Definition 2 (Tesla, Inc., seen in 1 filing)
Third Party IP Right means patent, copyright, trademark, trade secret rights, confidential information, proprietary rights, or other rights of a third party.
Source: Tesla, Inc. S-1
Data extracted from 4 SEC EDGAR filings across 1 company. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.